For Sale

Listed by Rebecca Johnson and Erika Roller

Source: Indiana Regional MLS #202540436

4511 IN-38, Lafayette, IN, 47905

$679,500

9
6
13
4236 sq. ft.
65776 sq. ft.

MultiFam

30+ days on the market

What's around 4511 IN-38

About this property

CAP RATE 6.9% Cash Flow Dream-4 Homes, Workshop Barn, 1.51 acres! Looking for a rare investment in a peaceful country setting? This cash-producing 5 unit property features a spacious main ranch home with a finished basement with attached 2 car garage and workshop barn PLUS three additional homes, all leased generating a total of $4,700/month with room to raise! Each cottage includes a carport, window ac and shed. Located in the highly desirable Hershey, East Tipp and Harrison schools, this property is a golden opportunity for investors seeking instant cash flow and long-term upside. Ideal for seasoned investors or anyone looking to start a portfolio. Part of a living trust, any sale subject to the tenants and their leases. Inspections welcome, sold as-is. 24 hour showing notice required.

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